8 Aug 2011 07:28
Redstone plc
("Redstone" or "the Company")
Director's Dealing
The Company was informed on 5 August 2011 that on 3 August 2011, Ian Smith, Executive Chairman of Redstone, acquired 100,000 ordinary shares of 0.1 pence each in the share capital of the Company ("Ordinary Shares") at a price of 1.4 pence per Ordinary Share through his self invested personal pension and on 5 August 2011 acquired 100,000 Ordinary Shares at a price of 1.3 pence per Ordinary Share and 250,000 Ordinary Shares at a price of 1.275 pence per Ordinary Share.
Following this transaction, Ian Smith is now interested in 402.7 million Ordinary Shares in the Company via MXC Capital and his self invested person pension, which represents approximately 15.14% of Redstone's issued ordinary share capital. MXC Capital represents the interests of Ian Smith and Tony Weaver, Chief Executive of Redstone.
ENQUIRIES:
Redstone plc | Tel. +44 (0)7887 987469 |
Peter Hallett, Chief Financial Officer |
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FinnCap | Tel. +44 (0)20 7600 1658 |
Marc Young/ Charlotte Stranner |
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Hansard Communications Nicholas Nelson/ Guy McDougall | Tel. +44 (0)20 7245 1100
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